Telecom company AT&T (NYSE:T) has historically attracted investors with its mature business model characterized by low volatility and a high dividend yield supported by robust cash flows. Despite lacking strong growth prospects, the company consistently pays steady dividends with relatively low risk.
Recent turbulent years have contradicted these strengths, but AT&T has since reorganized by refocusing on its core business. It is poised to remain a strong dividend performer for years to come, which is why I hold a bullish stance on the company.
T’s Dividend Yield Remains Highly Compelling
AT&T has been a consistent dividend payer since the company went public in the 1980s, establishing itself as a benchmark in dividend investing for decades.
However, starting in 2022, the company made a significant quarterly dividend cut of almost 50%, reducing it from $0.52 to $0.28, which marked the…
